Auburn National Bancorporation (NASDAQ:AUBN) Issues Quarterly Earnings Results

Key Points

• Auburn National Bancorporation reported quarterly EPS of $0.72, with a 9.10% return on equity and an 18.60% net margin.
• The company declared a quarterly dividend of $0.27 per share, equivalent to $1.08 annually and a 4.0% yield; its payout ratio is 44.81%.
• AUBN shares opened at $26.68 and were down 0.7%. Analysts maintain a consensus “Hold” rating, while the stock has a price-to-earnings ratio of 11.15.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) posted its earnings results on Tuesday. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, Zacks reports. Auburn National Bancorporation had a return on equity of 9.10% and a net margin of 18.60%.

Auburn National Bancorporation Stock Down 0.7%

Shares of AUBN stock opened at $26.68 on Tuesday. Auburn National Bancorporation has a 12-month low of $21.01 and a 12-month high of $28.88. The firm has a fifty day moving average of $26.60 and a 200-day moving average of $25.40. The company has a market capitalization of $92.85 million, a price-to-earnings ratio of 11.15 and a beta of 0.43.

Auburn National Bancorporation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.0%. Auburn National Bancorporation's dividend payout ratio is currently 44.81%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Auburn National Bancorporation in a report on Thursday, October 15th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Auburn National Bancorporation Company Profile

Auburn National Bancorporation, Inc is a bank holding company headquartered in Auburn, Alabama. Its principal subsidiary, AuburnBank, is a community banking institution that provides financial services to individuals, families, businesses, and other organizations.

AuburnBank offers deposit products, consumer and commercial lending, residential mortgage loans, business banking services, and online and mobile banking tools. The bank also provides investment and financial planning services through affiliated or related financial services operations.

Founded in 1907, Auburn National Bancorporation has a long history of serving customers in Auburn and surrounding communities in east-central Alabama.

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